Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Lease Income Under Cottonwood Sale Leaseback

Cleco Cajun’s lease income under the Cottonwood Sale Leaseback for the three months ended March 31, 2022, and 2021 was as follows:

	FOR THE THREE MONTHS ENDED MAR. 31,
(THOUSANDS)	2022		2021
Fixed payments	$	10,000	$	10,000
Variable payments	5,549		5,465
Amortization of deferred lease liability*	2,301		2,301
Total lease income	$	17,850	$	17,766

* Consists of amortization of the deferred lease revenue resulting from the fair value of the lease between

Cottonwood Energy and a special-purpose entity that is a subsidiary of NRG Energy.